Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search results“No actions, including decisions made based on this Perppu, may be subject to lawsuits that could be filed at a state administrative court,” says the Perppu on state finance and financial system stability to contain the COVID-19 pandemic.
Coordinating Human Development and Culture Minister Muhadjir Effendy said President Joko “Jokowi” Widodo had told his subordinates that provinces, cities and regencies were only to implement large-scale social restrictions, whereas regional quarantines – also known as partial quarantines – were to be imposed only in smaller-scale areas.
Amid debate over articles in the omnibus bill on job creation that would grant sweeping powers to President Joko “Jokowi” Widodo, allowing him to override laws and bylaws, Coordinating Economic Minister Airlangga Hartarto has come to Jokowi's defense, saying that the authority is important as it would protect the President from potential impeachment.
The new regulation allows foreign investors to purchase a more than 80 percent stake in local insurers if they wish to add paid-up capital, but only through initial public offerings via the Indonesia Stock Exchange (IDX) and only if no domestic investors are interested.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.